Archive – Philippines

In the Philippines a shortage of coins has become regularly noticeable notwithstanding impressive masses of struck coins. But apparently those coins do not get or stay in circulation. A new bill proposes to penalise coin hoarding.
[ more ]

A new law is designed to fight the disappearance of legal tender coins on the Philippines. Hoarding of legal tender coins of any kind will be made illegal. Judicial consequences range from financial penalties to several years of imprisonment.
[ more ]